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Blog Post
October 14, 2015
Power Africa has the potential to be a game changer for US foreign assistance and for how the United States works with Sub-Saharan Africa. Congressional authorization is needed to solidify Power Africa beyond President Obama's tenure. That’s why we were thrilled to see Electrify Africa pas...
Blog Post
August 04, 2015
Today the Senate Foreign Relations Committee (SFRC) dropped its long awaited Electrify Africa Act of 2015. It's good news for US development, foreign, and commercial policy in Sub-Saharan Africa. Whereas the last Congress was unable to get similar legislation over the finish...
WHITE HOUSE AND THE WORLD POLICY BRIEFS
July 20, 2015
The future of development policy is in development finance. Developing countries need aid less and less as their incomes rise and economies grow. What they need now is private investment and finance. US development policy, however, has failed to bring its development finance tools in line with th...
WHITE HOUSE AND THE WORLD POLICY BRIEFS
July 20, 2015
As late as 1930, only 1 in 10 rural Americans had access to electricity. In subsequent years, rapidly increasing power generation and growing the electrical grid across the country became major pillars of the American battle against domestic poverty and a foundation for decades of economic growth ...
Blog Post
June 23, 2015
Elizabeth Littlefield, President and CEO of the Overseas Private Investment Corporation, sits down with me to discuss the agency's success in leading the transition from aid to private finance (despite its modest size), as well as what it has in store for the remainder of the Obama presidency.
Multimedia
June 23, 2015
Elizabeth Littlefield, President and CEO of the Overseas Private Investment Corporation, sits down with me to discuss the agency's success in leading the transition from aid to private finance (despite its modest size), as well as what it has in store for the remainder of the Obama presidency.
Blog Post
June 17, 2015
In an earlier blog post, we explained why we think that donors and development finance institutions are getting it wrong by issuing guarantees and cheap loans to the private sector. We argue they should instead be increasing the returns for firms when they succeed. Today, a former CGD Visiting ...
Blog Post
June 16, 2015
Congress apparently isn’t getting the data it wants from the Overseas Private Investment Corporation, or OPIC. That makes two of us. The House Appropriations Committee is now calling for OPIC to provide reporting on the volume and destination of all new loans, guarantees, a...